Luxury e-commerce website Secoo.com recently published its financial report for the first quarter of 2020, stating that the company's total operating revenue reached CNY1.005 billion, which was about USD142 million; and it made net losses…
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KPMG Pinpoints Key Retail Trends Helping China To Recover
In the latest Global Retail Trends 2020 report, KPMG's network of retail sector professionals indicates four accelerating trends that retail executives should be watching as they rebuild their business towards the post-COVID future.
Chow Sang Sang Net Profit Down 36% In 2019
Chinese jewelry brand Chow Sang Sang recently published its annual results for 2019, stating that the company's operating revenue was HKD17.736 billion, a year-on-year decrease of 6%; and its net profit attributable to shareholders was…
Chow Tai Fook Sales Down 49% In Mainland China In First Two Months Of 2020
Hong Kong-based jewelry retailer Chow Tai Fook recently published its main operating statistics for the first two months of 2020.
France's Lanvin Entered Secoo
Chinese luxury e-commerce platform Secoo.com announced that Lanvin, a French high-end clothing brand, has formally entered its platform.
Valentino To Enter Secoo In March 2020
According to reports in Chinese local media, Secoo.com has reached official cooperation with Italian high-end luxury brand Valentino.
Chow Tai Fook To Close One-fifth Hong Kong Stores
According to reports in Chinese local media, due to the depression of Hong Kong market, Chow Tai Fook has decided to close some stores in this marketplace.
Gucci, Tencent Signed Strategic Cooperation Agreement
According to reports in Chinese local media, Gucci and Tencent recently signed a strategic cooperation agreement.
Prada To Close Largest Flagship Store In Hong Kong
Due to decrease of customer traffic, Italian luxury brand Prada will close its largest flagship store in Hong Kong.
Laofengxiang Reported Revenue Of CNY28.1 Billion In Q1 2019
Chinese mainland gold and jewelry retailer Laofengxiang recently announced its performance for the first half of 2019, stating that the company achieved revenue of CNY28.105 billion, a year-on-year increase of 11.31%; and its gold and…